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Saudi awards cinema licence to third operator

Saudi Arabia’s minister of culture and information has awarded the kingdom’s third cinema operator licence to Al-Rashed Empire Cinema Consortium.

The consortium joins US firm AMC Entertainment and UAE malls and retail group Majid Al Futtaim’s Vox Cinemas unit as one of the first new entrants to the market after a government decision to lift a nearly 40-year ban on cinemas at the end of last year.